With respect to the online contracts, which of the following statements is true?
A) The legal status of online contracts is determined by common law.
B) The Uniform Electronic Commerce Act (UECA) clearly states that a contract is formed when the communication of an acceptance through instantaneous communication is sent.
C) Online contracts do not require all the essential elements of a contract such as consensus, capacity, and legality.
D) The Uniform Electronic Commerce Act (UECA) clearly states that an invitation to treat in all cases qualifies as an offer.
E) The Uniform Electronic Commerce Act (UECA) clearly states that an offer may be made and accepted electronically.

Question

Quizplus · Accepted Answer

The statement that the Uniform Electronic Commerce Act (UECA) clearly states that an offer may be made and accepted electronically is true. UECA recognizes electronic contracts as legally binding as long as the essential elements of a contract are present, and it specifies that an offer may be made and accepted electronically. Common law and the specific circumstances of each case determine the legal status of online contracts. All the essential elements of a contract, such as consensus, capacity, and legality, apply to online contracts. An invitation to treat is not an offer, and UECA does not qualify it as such.

With Respect to the Online Contracts, Which of the Following